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Author Topic: Future of NEO & QTUM after China announcement  (Read 2925 times)
Weider
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September 04, 2017, 11:35:50 AM
 #1

Hello. What do you think about future of NEO and QTUM (chinese projects) after announcement from Chinese government that all ICO's are illegal? Price already dropped drastically, much more then any other altcoin. I am getting worried  Grin ...

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September 04, 2017, 11:42:02 AM
 #2

Only new ICO's are banned...the rest are just subject to regulation.

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September 04, 2017, 11:45:18 AM
 #3

Easy, NEO can just systematically excluded Chinese people when they do ICOs or they'll follow the regulation laid out from Pboc.

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September 04, 2017, 11:48:09 AM
 #4

Those NEO and QTUM are going to 0 soon since they are both shitcoins and whales will sell them all to the fools buying.  Wink

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MV7
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September 04, 2017, 11:48:54 AM
 #5

Only new ICO's are banned...the rest are just subject to regulation.
True but the ico ban and increased regulations will probably still have some impact on NEO and QTUM, as seen with the drastic price drop today. Will be interesting to see whether the the prices pick up soon or if they'll fall down even further.

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September 04, 2017, 11:53:05 AM
 #6

Saw this message:



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September 04, 2017, 12:03:05 PM
 #7

NEO market cap should go to QTUM. But now people too afraid because of uncertanty, so I think crypto market capitalization may drops even to 120-100B. And only after that there will be upward trend...
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September 04, 2017, 12:20:25 PM
 #8

The rule is actually good, it will reduce the skimming and the scams.

My only regret right now is that I have no available BTC to buy more NEO.
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September 04, 2017, 12:20:36 PM
 #9

There will be a downtrend, but people will find a way around the system. In a relatively unregulated crypto market these bumps will happen as major governments decide how to deal with this new technology moving forward. All part of the process.
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September 04, 2017, 12:23:29 PM
 #10

Hello. What do you think about future of NEO and QTUM (chinese projects) after announcement from Chinese government that all ICO's are illegal? Price already dropped drastically, much more then any other altcoin. I am getting worried  Grin ...
yep me too i am already worried about the tokens that i have in neo, hope that the price of it will increase next week or  the next month, i am still hoping for improve of the token.

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September 04, 2017, 12:54:52 PM
 #11

Saw this message:

If so - sounds good. I have a lot of Qtum tokens. Also some NEO, but Qtum much more.Today is a BlackMonday.


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trumper
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September 04, 2017, 01:13:58 PM
 #12

I don't care about neo or qtum and neither do the team much since they don't invest any money in their own project. I don't care also about the investors because they accept such risks when investing in a project.

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September 04, 2017, 02:13:37 PM
 #13

I don't care about neo or qtum and neither do the team much since they don't invest any money in their own project. I don't care also about the investors because they accept such risks when investing in a project.

Woaw you're such a rebel I'm so scared ! Run for your lives everbody, he doesn't care !


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September 04, 2017, 03:10:02 PM
 #14

QTUM is not just china. The team is from around the world.
The only way for new to survive is outsourcing its team.

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September 04, 2017, 03:25:15 PM
 #15

-30% to -50% decline in a day is pretty heavy, to all believers of these coins these days is the best time to buy for sure

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September 04, 2017, 03:27:09 PM
 #16

QTUM is not just china. The team is from around the world.
The only way for new to survive is outsourcing its team.

NEO's founders OnChain are working on projects with the goverment of CHina.

In the end NEO will be certified regulator of China ICOs Smiley
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September 04, 2017, 03:36:38 PM
 #17

-30% to -50% decline in a day is pretty heavy, to all believers of these coins these days is the best time to buy for sure
Yes these days are the best time to buy this coin and hold it in your wallet. But is there any predictions when it will take charge again? I think it needs more time and just watch the price it's still may go down. After reaching the base price and the price is stable means you can buy this coin.
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September 04, 2017, 03:39:20 PM
 #18

Does NEO even have any ICOs to being with?  What projects are there even launching on NEO if any?  Can't ban upcoming ICOs if there are none to being with.

Qtum had a slew or projects launching on their platform which may be affected.  The platform is registered in Singapore so they should be safe from the upcoming review.  Good foresight on their part.

It's the projects like Bytom and Tron which are in trouble.  I think all ICOS going forward will move to Singapore similar to Qtum and Litecoin.

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September 04, 2017, 04:02:56 PM
 #19

Does NEO even have any ICOs to being with?  What projects are there even launching on NEO if any?  Can't ban upcoming ICOs if there are none to being with.

Qtum had a slew or projects launching on their platform which may be affected.  The platform is registered in Singapore so they should be safe from the upcoming review.  Good foresight on their part.

It's the projects like Bytom and Tron which are in trouble.  I think all ICOS going forward will move to Singapore similar to Qtum and Litecoin.

They have the Red Pulse ICO in sept 7, now chinese citizens are banned in participating in any ico, chinese central bank said that the purpose of this is to prevent scammers. That maybe has a good long term effect for Neo and others.

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September 04, 2017, 04:11:53 PM
 #20

Everyone run to the hills, if in profit sell, if not cut your losses.

We might be entering in a new bear cycle, if bitcoin can lose 40% value from top, these shitcoins will go 90%+ lower, that's a heavy bag to carry.
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